Rice Business Scholarships: Eligibility, Deadline & How to Apply

The Rice Business Scholarship program is a prestigious, merit-based funding opportunity offered by the Jones Graduate School of Business at Rice University. Designed to attract the most talented and accomplished future leaders, these scholarships reward incoming Full-Time MBA students who demonstrate exceptional academic merit, professional achievement, and leadership potential. The Office of Admission at Rice Business offers these scholarships to help reduce the financial barrier to a top-tier MBA education, allowing you to focus on your studies and professional growth within a collaborative, tight-knit community in the heart of Houston, Texas.

For the 2025–2026 academic year, the application process aligns with the MBA admission rounds. This guide will walk prospective students through the details of the scholarship program, including eligibility, the automatic application process, the scope of the awards, and what to expect upon admission. You can be fully prepared to maximize your chance of securing this financial support for your transformative two-year MBA journey at Rice Business.

The merit-based scholarships are applicable exclusively to the Full-Time MBA program at Rice University's Jones Graduate School of Business. They are not transferable to other universities or programs within Rice.

Rice Business Scholarships Awards

Rice Business Scholarships are prestigious merit-based awards for students pursuing a Full-Time MBA at Rice University. They provide significant financial support, recognizing your past achievements and investing in your future potential.

The scholarship is a tuition discount applied directly to your student account. The value of the award varies based on merit and can range from a partial to a nearly full-tuition scholarship. It is typically guaranteed for the two-year duration of the MBA program, contingent upon satisfactory academic progress.

Rice Business Scholarships Amount

The scholarship amount is not a fixed sum but a variable tuition discount. Awards can range from $10,000 per year to full tuition (approximately $80,000 per year for the 2025-2026 academic year). The exact amount is specified in your admission letter.

Rice Business Scholarships Benefits

Beyond the direct financial relief, receiving a Rice Business Scholarship carries significant weight and offers intangible benefits that last throughout your career.

The eligibility for Rice Business Scholarships is straightforward and inclusive. Who can apply: All applicants are considered (both international and domestic) who demonstrate a superior record of academic merit and professional accomplishment.

Countries Eligible Under Rice Business Scholarships

The merit-based scholarships are available to all applicants, regardless of nationality. Rice Business values a diverse cohort and encourages applications from around the world.

Application process: When you apply for admission, the Admission Office automatically considers your application package and credentials for a scholarship; there are no additional steps. The process is integrated seamlessly with the MBA admissions cycle.

Step 1: Apply for the Rice Full-Time MBA
Submit a complete application for the Full-Time MBA program by one of the published admission deadlines. Your entire application—essays, test scores, resume, recommendations, and interview—is evaluated for both admission and scholarship eligibility.

Step 2: Automatic Consideration
As soon as your application is submitted, it is automatically in the running for all merit-based scholarships for which you qualify. The admissions committee reviews your profile holistically.

Step 3: Await the Admission Decision
The admissions committee reviews your application along with all others for that round. The decision on admission and any potential scholarship is made concurrently.

Step 4: Receive Your Admission Packet
Scholarship amount: Scholarship awards will be announced in your admission packet. If awarded, your acceptance letter will indicate the scholarship amount offered per academic year. This is when you will be formally notified of any merit-based award.

Application Timeline for Rice Business Scholarship

The timeline is identical to the Full-Time MBA application rounds. Applying in an earlier round is often advised for the best scholarship consideration.

Rice Business Scholarships Interview

There is no separate interview for the scholarship. The interview you complete as part of the MBA admission process is a critical component of the scholarship evaluation. It is your opportunity to personally demonstrate the leadership, communication skills, and fit with the Rice culture that the scholarship committee is looking for.

All applicants are considered (both international and domestic) who demonstrate a superior record of academic merit and professional accomplishment.

The beautiful part of the Rice Business scholarship process is that no additional documents are required. Your entire MBA application serves as your scholarship application.

• Completed online application for the Rice Full-Time MBA program.
• Resume/CV detailing professional and academic experience.
• Undergraduate transcripts and degree certificates.
• GMAT or GRE test scores.
• Two professional letters of recommendation.
• MBA application essays.
• Interview performance (by invitation).